{"id":2356,"date":"2022-01-18T18:27:39","date_gmt":"2022-01-18T18:27:39","guid":{"rendered":"https:\/\/phphouses.com\/blog\/?p=2356"},"modified":"2022-01-18T18:27:39","modified_gmt":"2022-01-18T18:27:39","slug":"sellers-dont-wait-spring-make-move","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/sellers-dont-wait-spring-make-move\/","title":{"rendered":"Sellers: Don\u2019t Wait Until Spring To Make Your Move"},"content":{"rendered":"
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Sellers: Don\u2019t Wait Until Spring To Make Your Move<\/p><\/div>\n

As you plan out your goals for the year<\/a>, moving up to your dream home may top the list. But, how do you know when to make your move? You want to time it just right so you can get the most out of the sale of your current house. You also want to know you\u2019re making a good investment when you buy your new home. What you may not realize is, that opportunity to get the best of both worlds is already here.<\/p>\n

You don\u2019t want to wait until spring to spring into action. The current market conditions make this winter<\/a> an ideal time to move. Here\u2019s why.<\/strong><\/p>\n

1. The Number of Homes on the Market Is Still Low<\/strong><\/h4>\n

Today\u2019s limited supply of houses for sale is putting sellers in the driver\u2019s seat. There are far more buyers in the market than there are homes available, and that means buyers are eagerly waiting for your house. Listing your house now makes it the center of attention. As a seller, that means when it\u2019s priced correctly, you can expect it to sell quickly and get multiple strong offers<\/a> this season. Just remember, experts project more inventory<\/a> will come to market as we move through the winter months. The realtor.com<\/em> 2022 forecast<\/a> says this:<\/p>\n

\u201cAfter years of declining, the inventory of homes for sale is finally expected to rebound from all-time lows.\u201d<\/em><\/p><\/blockquote>\n

Selling now may help you maximize the return on your investment before your house has to face more competition from other sellers.<\/p>\n

2. Your Equity Is Growing in Record Amounts<\/strong><\/h4>\n

Current homeowners are sitting on record amounts of equity<\/a> thanks to today\u2019s home price appreciation. According to the latest report<\/a> from CoreLogic<\/em>, the average homeowner gained $56,700 in equity over the past <\/strong>12<\/strong> months.<\/strong><\/p>\n

That much equity can open doors for you to make a move. If you\u2019ve been holding off on selling because you\u2019re worried about how rising prices will impact your own home search<\/a>, rest assured your equity can help fuel your next move. It may be just what you need to cover a large portion \u2013 if not all \u2013 of the down payment<\/a> on your next purchase.<\/p>\n

3. While Rising, Mortgage Rates Are Still Historically Low<\/strong><\/h4>\n

In January of last year, mortgage rates<\/a> hit the lowest point ever recorded. Today, rates are starting to rise, but that doesn\u2019t mean you\u2019ve missed out on locking in a low rate. Current mortgage rates are still far below what they\u2019ve been in recent decades<\/a>:<\/p>\n